Type: Peer-to-Peer (P2P) Business Lending
Peer-to-Peer (P2P) Business Lending - geography: United Kingdom
CO. no.: Na.
ThinCats.com is an online peer to peer lending platform for secured business loans. By bypassing banks both lenders and borrowers can receive a better deal. We link experienced investors with established business borrowers.
Description: Kevin is Managing Director, with particular responsibility for looking after lenders. He normally has the 'Lenders Help Line' redirected to his mobile phone because the ThinCats rate of growth depends upon the rate at which the lender base grows. The rest of the staff report to Kevin, although fortunately they have been carefully selected to be very good at managing when Kevin is not available!
Description: Peter is Finance Director. He is also responsible for managing the recruitment of new sponsors as well as helping the sponsors with any quality control decisions. He also gets involved if a borrower has difficulty repaying. Peter provides support for Kevin and Stuart in their roles.
ThinCats faces a bumper Christmas with secured loans totaling £5m in auction and a pipeline of over £60m. Lenders are earning over 9.5% net.
A brilliant explanation of how peer to peer lending works. From ABC1 TV in Australia http://t.co/tsHHtZ5DsV
Challenges to P2P and Crowdfunding in 2014 - Insight from Andy Davis - Alternative Funding Network - Knowledge Peers http://t.co/3gVKfAOJpj
ThinCats launches an auction for the worlds largest ever p2p loan of £2.05m: http://t.co/wa8sQ5yvoy
ThinCats have announced the Worlds largest p2p loan by far: £2.05m. Selected underwriters already have advanced info. Auction starts 2nd Ju…
http://t.co/H43zhllEKw 16 hours and 27 minutes to raise a world record P2P loan of £750k - I thought it might take at least a week!
Remember to follow @ThinCatsNews for regular updates and exciting news first. Samples coming up...
Exciting news - London based tech co raises £400,000 in just under 7 hours! #P2P